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Oracle has started laying off employees across its global offices, with workers receiving termination emails at 6AM from “Oracle Leadership” informing them their roles had been eliminated. Teams like RHS, SVOS, and NetSuite IDC were among the first hit. The job cuts could hit 20,000 to 30,000 people—roughly 18% of Oracle’s workforce—as the company looks to free up cash for its AI data centre push.
